AAPL 186.2 -1 (-0.53%)MSFT 115.68 -1.29 (-1.10%)FB 166.03 -0.08 (-0.05%)ZNGA 5.37 -0.04 (-0.83%)NVDA 169.95 -0.19 (-0.11%)WBA 62.59 +0.41 (+0.66%)GOOG 1184.6 -10.72 (-0.90%)PIH 5.63 +1.49 (+35.99%)
AAPL 186.2 -1 (-0.53%)MSFT 115.68 -1.29 (-1.10%)FB 166.03 -0.08 (-0.05%)ZNGA 5.37 -0.04 (-0.83%)NVDA 169.95 -0.19 (-0.11%)WBA 62.59 +0.41 (+0.66%)GOOG 1184.6 -10.72 (-0.90%)PIH 5.63 +1.49 (+35.99%)

Financial Statements SWCH Quote Switch Inc.

All | Income Statement | Balance Sheet | Cash Flow | Retained Earnings | PPE Schedule | Intangible and Goodwill Schedule
Income Statement
Year 201420152016
Revenue 266 318 378
COGS 141 169 198
GrossProfit 125 150 180
Depreciation (included in COGS) 55 67 89
StockBasedCompe (included in COGS) 5 6 85
ResearchAndDeve 0 0 0
SalesGeneralAnd 45 98 161
OperatingIncome 80 51 19
InterestExpense 7 11 24
OtherIncome 1 -9 -5
IncomeBeforeTax 73 31 -10
ProvisionForInc 0 0 0
NetIncome 73 31 -15
Balance Sheet
Year 201420152016
CashAndCashEqui 14 23 265
ShortTermInvest 0 0 0
Cash 14 23 265
AccountReceivab 8 9 16
Inventories 0 0 0
DeferredIncomeT 0 0 0
OtherCurrentAss 2 2 2
TotalCurrentAss 29 38 288
PPE 800 1,140 1,487
AccumulatedDepr -201 -266 -353
NetPPE 598 874 1,134
EquityAndOtherI 10 0 0
Goodwill 0 0 0
IntangibleAsset 0 0 0
OtherLTAssets 10 9 13
TotalNonCurrent 619 883 1,147
TotalAssets 648 921 1,435
ShortTermDebt 9 14 5
AccountsPayable 15 2 19
TaxesPayable 0 0 0
AccruedLiabilit 6 64 12
DeferredRevenue 14 14 20
OtherCurrentLia 9 48 7
TotalCurrentLia 52 146 65
Debt 283 458 587
DeferredTaxesLi 0 0 0
DeferredRevenue 6 18 19
OtherLTLiabilit 2 2 0
TotalNonCurrent 311 497 1,261
TotalLiabilitie 363 643 1,326
CommonStock 285 279 0
AdditionalPaidI 0 0 107
RetainedEarning 0 0 2
AccumulatedOthe -1 -1 0
TotalStockholde 285 278 109
TotalLiabilitie 648 921 1,435
Cash Flow Statement
Year 201420152016
NetIncome 73 31 -15
Depreciation 55 67 89
DeferredIncomeT 0 0 -1
StockBasedCompe 5 6 85
AccountsReceiva -4 -1 -6
InventoryCS 0 0 0
AccountsPayable -1 1 5
OtherWorkingCap -1 11 6
OtherNonCashIte 1 8 5
NetCashProvided 129 166 145
InvestmentsInPP -190 -287 -403
AcquisitionsNet 0 0 0
PurchasesOfInve -7 -2 0
SalesMaturities 0 0 0
PurchasesOfInta 0 -1 0
OtherInvestingA 0 -3 0
NetCashUsedForI -196 -292 -402
DebtIssued 322 189 976
DebtRepayment -224 -10 -855
CommonStockIssu 0 0 572
CommonStockRepu 0 0 0
DividendPaid 0 -28 -1
OtherFinancingA -31 -16 -194
NetCashProvided 68 134 499
NetChangeInCash 1 9 242
CashAtBeginning 14 14 23
CashAtEndOfPeri 14 23 265
Retained Earnings
Year 201420152016
RetainedEarning ---
NetIncome --73
StockDividend ---73
DividendPaid ---
RetainedEarning ---
Property Plant and Equipment Schedule
Year 201420152016
NetPPE ---
DeprAnnual 0--201
CapitalExpendit 00191
NetPPE --598
Intangible and Goodwill Schedule
Year 201420152016
intAndGW 0--
Amortization 0-146
NewPurchases 0--146
intAndGW ---
Switch Inc. Class A income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Switch Inc. Class A FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.